Public Charity

T2 FOUNDATION

T2 FOUNDATION is a Public Charity headquartered in SCRANTON, PA. Financial data from the 2019 filing: $364K revenue, $389K expenses, $11K total assets. 1 publicly reported grants to this organization, totaling roughly $20K, appear in IRS filings.

EIN: 270899435 SCRANTON, PA Latest filing: 2019
Total Revenue$364K
Total Expenses$389K
Total Assets$11K
Grant Records1
Funding Total$20K
Filing Years2017–2019

Mission

To provide funds to cover expenses and subsidize costs of training & development for qualified athletes participating in Olympic sports, including Alpine, cross-country, freestyle, or freeskiing disciplines.

Where $100 goes at T2 Foundation

How T2 Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$89 Programs the work itself
$8 Management running the organization
$3 Fundraising raising the next dollar

Inside the $89 for programs

$89
Funds used to foster national & international sports competition in accordance with the foundation's mission
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2019. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Brian Lash
Director David Brumbaugh
DIRECTOR Marina Knight
Vice President Phil Gross
Director Ted Ligety
President Thomas Karam

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2019 $364K $389K $11K
2018 $225K $381K $37K
2017 $25K $407K $193K

Between 2017 and 2019, reported annual revenue grew from $25K to $364K (+1354%), with total assets most recently reported at $11K.

Interactive year-over-year charts and full filing details available with membership.

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